CALGARY, ALBERTA – The Canoe EIT Income Fund (“Canoe” or the “Fund”) (TSX: EIT.UN) announces a distribution of $ 0.10 per unit in June 2017. The distribution will be paid on July 14, 2017 to unitholders of record On June 22, 2017. The related ex-distribution date is June 20, 2017.
The fund’s objective is to maximize monthly distributions relative to risk and maximize net asset value while maintaining and developing a diversified portfolio.
About the Fund
The Fund is one of the largest diversified closed-end mutual funds in Canada; It is listed on the Toronto Stock Exchange under the symbol EIT.UN. It is actively managed and invests in a diversified portfolio of productive, capital growth-oriented securities, primarily listed on the Toronto Stock Exchange. It is designed to maximize distributions and net asset value for its unitholders. It is managed by Robert Taylor, Senior Vice President and Portfolio Manager of Canoe Financial.
About Canoe Financial
Founded in 2008, Canoe Financial is an employee-owned investment management company that specializes in establishing a financial wealth for Canadians. Canoe Financial is one of Canada’s fastest growing mutual fund companies and currently manages approximately $ 4.3 billion in assets from a diversified portfolio of award-winning mutual funds and Of private equity products in the energy sector. From its Calgary headquarters, Canoe Financial expanded its operations across Canada, building a strong presence in Toronto, with offices in Vancouver, Winnipeg, Ottawa and Montreal. To learn more about Canoe Financial and its investment products,
The fund pays monthly distributions in the aggregate, in whole or in part, of the return of capital of the net asset value per unit. The principal repayment reduces the amount of the initial investment and may result in the repayment of the total amount of your initial investment. A non-reinvested return of capital reduces the net asset value of the fund, which reduces the fund’s ability to generate income in the future. You should not draw any conclusions about the performance of the fund based on the amount of such distribution.
Investment funds may result in commissions, trailing commissions, management fees and expenses. Please read the fund information on www.sedar.com before investing . Investment funds are not guaranteed and their past performance is not indicative of their future performance.
This communication can not be interpreted as a public offering of securities, or as a solicitation in connection with an offer to purchase securities. Such offer may be made only by means of a prospectus or other applicable investment document; These documents should be read carefully before making an investment. This communication is for information purposes only. Investors should consult their investment advisor to obtain information and risk factors for specific strategies and investment products.
Source: Canoe EIT Income